Own a Piece of History. Copper Ingot bar from the of the Lost Dutchman Mine

Description

The copper Ingot you are about to buy came off the tailings pile of the Vulture mine.
Some say it was the Lost Dutchman Gold mine as over 260,000 ounces of pure gold was mine there.
Jacob Waltz, , known as the Lost Dutchman, worked as a shift supervisor there from 1867 to 1869 until he moved to Phoenix and lived off his gold he said he mined in the Superstition Mountains just east of Mesa, Az. When he worked at the vulture mine, everyday he would go down into the mine with his little lunch box and every day he would come out of the mine with a little bit heavier lunch box.
You may own a real piece of history as having one of the only surviving ingots made from the tailing pile from the Lost Dutchman Mine.
We will never know.
Modern Technology gives us the ability to analyze and determine where any metal came from on the face of the earth. If we had a sample of the actual Jacob Waltz gold nugget, we could tell you with absolute certainty where the nugget was mined.
Time and history will tell where the Lost Dutchman mine actually was.
There is no question about it, the prices of everything is skyrocketing.
Houses, cars and yes, even copper bars.
Gun sales are through the roof, ammunition if you can buy it, cost more than the old lone rangers silver bullets and gasoline is getting as hard to find as toilet paper during a pandemic.
If it does hit the fan and all you got is that shining new Gold piece and try to pull into a gas station for a few gallons
, how are you going to get change?
Cut it in half?
Probably not.
That’s when it is time to consider having some copper.
Yes, copper is the security blanket when things hit the fan.
Yet for millenniums, it was the one ingredient that gave us the Bronze age, the one thing needed to make swords and armor.
Without some
genius melting down copper, you would never have bronze or Brass
.
Remember, no brass, no bullets.
Without copper, you don’t have any of it.
Welcome to the world of inflation.
You want free stuff?
The government just turns on the printing presses and bingo, you have ,000 stimulus checks that only cost each taxpayer ,319 for every man woman and child in the United States.
The way that the Federal Reserve Bank in the past has stopped inflation is simply to raise interest rates.
Under Jimmy Carter, they raised it 20% and under Nixon, they froze raises so the only way to make more money was to switch jobs.
Under Obama, they simply turned on the Printing Presses and called it Quantitative Easing and crashed the economy.
Houses dropped fifty percent in value and things quickly went to hell in a row boat.
Those were not the good old days boys and girls and where we are headed now, remains for the plot of a cheap novel.
Here is a
copper ingot bar
that the mines simply threw the ore on a tailings pile during the gold rush. It cost more to process it than they could sell it for. That was before the dawn of Electricity and Electronic gadgetry.
Now, they are selling for Fifty dollars for a two pound Ingot.
They still cost more to produce than they can sell it for.
It takes about Ten hours to make one of these bars so do the math. At minimum wage of per hour, they should be selling for a Hundred and fifty Dollars.
A couple of years from now you might not be able to buy one for a
hundred dollar bill
.
Then again, who would want a hundred dollar bill if it was only worth a few pennies.
Try buying a 1909 SVDB Penny for a hundred dollars and you might get surprise of your life when you see a penny selling for over a Thousand dollars.
It is not that they didn’t make many of them, they did; Over a million 1909 Penny’s were minted in San Francisco, right during the great earth quake.
It’s not that they are rare; there are lots of them around.
It is just no one wants to sell them.
They are hoarding them for a rainy day.
Guess what folks; it’s raining cats and dogs.
The sky is falling and no one told Chicken Little.
So pick up one of these or even two.
You might just need it one fine day. You might be saying to yourself, “Self?
Why didn’t I buy one of these copper ingot bars when they were only Fifty Dollars?”
Skip that hamburger at McDonalds and buy one of these.
Long after the sweet taste of that burger sours, the lasting effect of knowing you got some back up when the world is going dark lingers on and on.
Quit squawking about the price.
The first time the Walking liberty coin appeared on the scene, it sold for
at any store
.
Today, they are over
,000
if you can find one.
It was designed by Augustus Saint-Gaudens and it is called the Double Eagle Gold Twenty dollar gold piece.
How’s that for inflation?
Now if you think for a second that Twenty dollar investment cannot go up into the millions, let me end with this final piece of history.
Franklin D. Roosevelt decided that the government could not just stamp out gold coins as a finite amount of Gold was available.
So he ordered all gold coins be taken off the gold standard.
On
December 28
, 1933, Acting Secretary of the Treasury Henry Morgenthau ordered Americans to turn in all gold coins and gold certificates, with limited exceptions, receiving paper money in payment.
Now the government could simply turn on the printing presses and crank out Billions of Dollars of funny money and call it Quantitative Easing.
One piece, however, wound up in the hands of King Farouk of Egypt, who even obtained a U.S. export license for the coin.
What became of the Farouk specimen after his death is unclear, but the coin resurfaced in the late 1990s. When brought to New York for sale to a prospective buyer, it was seized by U.S. authorities. After litigation, a compromise was reached to allow the coin to be auctioned, with the proceeds to be divided equally between the government and the private owners. In 2002 this coin sold at auction by Sotheby’s for ,590,020.
The purchase price included paid to the federal government to monetize a coin it contended had never been officially released.
It sold again in 2021 for .9 million.
A US coin worth when it came out became so rare that it sold for almost million dollars.